Here's the The Lowdownfrom DN Journal,
updated dailyto
fill you in on the latest buzz going around the domain name industry.

The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson.

Portfolio
of 5-Digit Domains Sells for $1 Million -
Chinese Domaining Masterclass Back in Session -
Southern California Domainers Set to Meet Again
Saturday

We
continue to see
some extraordinary transactions in
one of the most fascinating years in
the history of domain aftermarket
sales. Whenever trends develop there
are a lot of impressive individual
sales to point in whatever sector
happens to be hot at the time.
However, this time time around
we are seeing large portfolios of
domains in popular categories like short
domains (2-4 characters) and numeric
domains (that can command
respectable money even when they
stretch beyond four characters).

A
prime example of that came Thursday
when DomainPros.com
announced they had purchased a
portfolio o0f 260 five-digit
numeric domains for $1,000,000
- an average of $3,846
per domain (21889.com and 36689.com
are examples of the kinds of names
that were included in the buy).
DomainPros CEO Sai Pola said
the deal, brokered by 62.com
and transacted through Escrow.com,
included a large
number of domains that were once
part of a giant numeric portfolio
owned by Marchex.

Pola
noted, "Over
the past few years, numeric domain
names have experienced consistent
growth due to unprecedented demand
from China. Chinese investors
are looking to diversify their
wealth by also investing in foreign
assets, with domain names
proving to be among their favorites.
While the price of assets such as
gold and silver, assets
traditionally sought after by Asian
investors in general and Chinese
investors in particular, has
stagnated, digital assets have taken
off.

"

Pola
added. "Investors
tend to prefer digital assets as a
store of value over precious metals due
to their increased portability.

Therefore,

DomainPros.com
CEO Sai Pola

a
generational shift is taking
place. Traditionally dominant asset
classes such as precious metals are
losing their luster, paving the way
for the digital asset dominance we
are starting to experience in the
present.

"

Speaking
of the booming Chinese
domain market, TLDRegistry
has just released the latest
blog
post in their
popular Chinese Domaining
Masterclass series. The
new article explores the
significance of the number
9.

The
article notes, "The
number nine in Chinese
culture is said to symbolize
limitations,
however that does not
necessarily give it a
negative meaning.
Contrarily, the number nine
represents the farthest
possible reach of mortal
effort.
It’s the largest possible
single-digit number, which
actually represents power
and prestige. In
Chinese ancient culture, a
king would be referred to as “the
noble body of 9 & 5.”
At the same time,
Chinese people in the past would
regard odd numbers within 10
as Yang (1, 3, 5, 7, 9) and
regard even numbers
within

10
as Yin (2, 4, 6, 8). This
means that the number nine is
the biggest number for Yang, making
it a very
important number
for Chinese people."

One
other note today -
one of the world's
most active local
domain investor's
groups - Southern
California Domainers
(SCD)-
will hold their November
meetingSaturday
(November 14) at
4pm. The get
together is being
sponsored by 101Domain.com
who will host the
event at their
offices. SCD
organizer Jason
Thompson said,
"I'm excited
about this meetup as
it will be one of
our first events
held within the San
Diego region.
Our main speakers
for November's
meetup will be Joe
Alagna (VP of
Channel Development
at 101Domain.com) and Renee
Zau (Co-Founder
& CEO at DonationMatch.com
and

101Domain.com
is sponsoring the SCD
meeting Saturday
and their VP, Joe
Alagna, will be
one of the featured
speakers.

SamplingforGood.com).
After our
meetup we will head
to one of the many
local breweries.
101Domain.com has
been nice enough to
sponsor these
festivities as well."

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